Civic Intelligence

Associates of the Boston Public Library Inc.

EIN 04-2900822 • 501(c)3 • Boston, MA

Pub. 78 Eligible

Profile

The associates of the boston public library is an independent nonprofit dedicated to preserving and promoting the historic, literary, and artistic treasures of the boston public library through targeted grantmaking and cultural events. By expanding access to these collections, the associates ensures that present and future generations, in boston and beyond, continue to be informed and inspired.

700 Boylston StreetBoston, MA 02116

associatesbpl.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

28th percentile

0.08x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

24th percentile

-4.8%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

44th percentile

2.6%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

5th percentile

-47%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$11,921,335

Up $301,375 (+2.6%) from 2024

Liabilities

Up

$140,331

Up $133,586 (+1981%) from 2024

Net Assets

Up

$11,781,004

Up $167,789 (+1.4%) from 2024

Operations
Liabilities / Revenue28th percentileNet Margin24th percentile

Revenue

Down

$1,733,770

Down $1,546,649 (-47%) from 2024

Expenses

Up

$1,816,698

Up $254,320 (+16%) from 2024

Net Income

Down

-$82,928

Down $1,800,969 (-105%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $2,009,370Liabilities 2011: $0Net Assets 2011: $2,009,3702011Assets 2012: $2,726,742Liabilities 2012: $1,050Net Assets 2012: $2,725,6922012Assets 2013: $3,191,995Liabilities 2013: $0Net Assets 2013: $3,191,9952013Assets 2014: $3,978,200Liabilities 2014: $0Net Assets 2014: $3,978,2002014Assets 2015: $4,378,810Liabilities 2015: $0Net Assets 2015: $4,378,8102015Assets 2016: $4,611,161Liabilities 2016: $0Net Assets 2016: $4,611,1612016Assets 2017: $5,281,500Liabilities 2017: $0Net Assets 2017: $5,281,5002017Assets 2018: $6,881,693Liabilities 2018: $2,624Net Assets 2018: $6,879,0692018Assets 2019: $7,626,351Liabilities 2019: $904Net Assets 2019: $7,625,4472019Assets 2020: $8,007,366Liabilities 2020: $71,634Net Assets 2020: $7,935,7322020Assets 2021: $9,789,443Liabilities 2021: $121,687Net Assets 2021: $9,667,7562021Assets 2022: $8,840,348Liabilities 2022: $700Net Assets 2022: $8,839,6482022Assets 2023: $9,298,732Liabilities 2023: $1,978Net Assets 2023: $9,296,7542023Assets 2024: $11,619,960Liabilities 2024: $6,745Net Assets 2024: $11,613,2152024Assets 2025: $11,921,335Liabilities 2025: $140,331Net Assets 2025: $11,781,0042025

Highlighted filing

2025

Assets$11,921,335
Liabilities$140,331
Net Assets$11,781,004
Open 2025 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $585,697Expenses 2011: $473,302Net Income 2011: $112,3952011Revenue 2012: $1,112,592Expenses 2012: $409,729Net Income 2012: $702,8632012Revenue 2013: $836,317Expenses 2013: $462,211Net Income 2013: $374,1062013Revenue 2014: $960,526Expenses 2014: $490,873Net Income 2014: $469,6532014Revenue 2015: $841,000Expenses 2015: $448,138Net Income 2015: $392,8622015Revenue 2016: $802,414Expenses 2016: $542,154Net Income 2016: $260,2602016Revenue 2017: $1,105,961Expenses 2017: $626,820Net Income 2017: $479,1412017Revenue 2018: $2,019,812Expenses 2018: $811,002Net Income 2018: $1,208,8102018Revenue 2019: $1,205,096Expenses 2019: $852,075Net Income 2019: $353,0212019Revenue 2020: $939,167Expenses 2020: $966,578Net Income 2020: -$27,4112020Revenue 2021: $1,938,730Expenses 2021: $1,375,413Net Income 2021: $563,3172021Revenue 2022: $1,868,065Expenses 2022: $1,415,212Net Income 2022: $452,8532022Revenue 2023: $1,818,063Expenses 2023: $1,606,622Net Income 2023: $211,4412023Revenue 2024: $3,280,419Expenses 2024: $1,562,378Net Income 2024: $1,718,0412024Revenue 2025: $1,733,770Expenses 2025: $1,816,698Net Income 2025: -$82,9282025

Highlighted filing

2025

Revenue$1,733,770
Expenses$1,816,698
Net Income-$82,928
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,921,335
Liabilities
$140,331
Net assets
$11,781,004
Revenue
$1,733,770
Expenses
$1,816,698
Net income
-$82,928
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.9$0.14$11.8$1.73$1.82$0.08
2024Detailed filing. Detailed filing data is available for this year.$11.6$0.01$11.6$3.28$1.56$1.72
2023Detailed filing. Detailed filing data is available for this year.$9.30$0.00$9.30$1.82$1.61$0.21
2022Detailed filing. Detailed filing data is available for this year.$8.84$0.00$8.84$1.87$1.42$0.45
2021Detailed filing. Detailed filing data is available for this year.$9.79$0.12$9.67$1.94$1.38$0.56
2020Detailed filing. Detailed filing data is available for this year.$8.01$0.07$7.94$0.94$0.97$0.03
2019Detailed filing. Detailed filing data is available for this year.$7.63$0.00$7.63$1.21$0.85$0.35
2018Detailed filing. Detailed filing data is available for this year.$6.88$0.00$6.88$2.02$0.81$1.21
2017Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$1.11$0.63$0.48
2016Detailed filing. Detailed filing data is available for this year.$4.61$0.00$4.61$0.80$0.54$0.26
2015Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$0.84$0.45$0.39
2014Detailed filing. Detailed filing data is available for this year.$3.98$0.00$3.98$0.96$0.49$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.00$3.19$0.84$0.46$0.37
2012Summary only. Only limited summary data is available for this year.$2.73$0.00$2.73$1.11$0.41$0.70
2011Summary only. Only limited summary data is available for this year.$2.01$0.00$2.01$0.59$0.47$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 28, 2026
Return Version
2024v5.5
Gross Receipts
$3,585,690
Mission and Program Overview

Mission

The associates of the boston public library is an independent nonprofit dedicated to preserving and promoting the historic, literary, and artistic treasures of the boston public library through targeted grantmaking and cultural events. By expanding access to these collections, the associates ensures that present and future generations, in boston and beyond, continue to be informed and inspired.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,469,889$9,165,123▲ $695,234
Cash and Non-Interest-Bearing Accounts$2,805,988$2,383,695▼ $422,293
Savings and Temporary Cash Investments$323,118$336,917▲ $13,799
Prepaid Expenses and Deferred Charges-$19,100-
Pledges and Grants Receivable$20,965$16,500▼ $4,465
Total Assets$11,619,960$11,921,335▲ $301,375
Liabilities
Accounts Payable and Accrued Expenses$6,745$140,331▲ $133,586
Total Liabilities$6,745$140,331▲ $133,586
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,439,709$9,277,131▼ $162,578
Net Assets Without Donor Restrictions$2,173,506$2,503,873▲ $330,367
Total Net Assets Fund Balance$11,613,215$11,781,004▲ $167,789
Total Liabilities and Net Assets / Fund Balance$11,619,960$11,921,335▲ $301,375

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,698,159$2,381▲ $355,701$179,823$1,870,793
2023$1,052,707$1,650▲ $268,606$69,800$1,698,159
2022$2,758,924$82,055▲ $273,694$78,125$3,036,548
2021$3,044,002$160,001▼ $355,411$89,668$2,758,924
2020$2,556,904$500▲ $566,815$80,217$3,044,002
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Alyce J LeeChair
Usha PasiVice Chair
Anita C LincolnDirector
Carole SimpsonDirector
Christy CashmanDirector
Dana J CohenDirector
Emily D GrisetDirector
Joseph FinderDirector
Joseph S BermanDirector
Linda R WeldDirector
Lisa PierpontDirector
Lori HendersonDirector
Lorie ConwayDirector
Natalie LemleDirector
Peter DrummeyDirector
Tom CahillDirector
Sharon C LincolnClerk
-Ex-offici0
Cf Stone IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$640,277
Program Service Revenue
$0
Investment Income
$918,480
Other Revenue
$175,013
All Other Contributions
$418,320
Change in Net Assets
$-82,928

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,867,290
Revenue Not Reported on Financial Statements
$-133,520
Revenue Not Reported on Form 990
$250,717
Other Revenue Adjustments
$-133,520
Total Revenue per Audited Statements
$2,118,007
Total Revenue per Form 990
$1,733,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,144,809
Salaries, Compensation, and Employee Benefits$347,437
Other Expenses$324,452
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,099,312--$1,099,312
Other Salaries and Wages-$305,032-$305,032
Fees for Service Investment Mgmnt Fees-$59,412-$59,412
Fees for Services Accounting-$54,448-$54,448
Grants to Domestic Individuals$45,497--$45,497
All Other Expenses-$30,750-$30,750
Other Expenses$28,716$249-$28,965
Payroll Taxes-$22,754-$22,754
Other Employee Benefits-$12,924-$12,924
Fees for Services Other-$12,675-$12,675
Office Expenses-$10,184-$10,184
Advertising-$8,483-$8,483
Pension Plan Contributions-$6,727-$6,727
Travel-$2,494-$2,494
Insurance-$1,909-$1,909
Fees for Services Legal-$295-$295
Total Functional Expenses$1,216,521$600,177$0$1,816,698

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,950,218
Expenses per Audited Statements$1,816,698
Total Expenses per Form 990$1,816,698
Expenses Not Reported on Form 990$133,520
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boston Public LibraryBoston, MA501(c)(3)Conservation, Digitization, and Cataloging.$1,099,312
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$308,533
Fundraising Direct Expenses$133,520
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lit. Lights$510,790$308,533$133,520$175,013
Total Events$510,790$308,533$133,520$175,013
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive director along with the board of directors' finance committee review the 990 form before this form is filed.”

Form 990, Part VI, Section B, Line 12C

“The organization requires each new key employee, officer or director to review a copy of the "policy on conflicts of interest and disclosure of certain interests and to acknowledge in writing that he or she has done so. Additionally, each key employee, officer or director, annually complete a disclosure form identifying any relationships, positions or circumstances in which the employee is involved that he or she believes could contribute to a conflict of interest arising.”

Form 990, Part VI, Section C, Line 19

“Form 990, governing documents, conflict of interest policy and financial statements are available for public inspection, upon request, at 700 boylston street, boston, ma 02116.”

Filing and Contact Details

Filer

Filer Name
Associates of Boston Public Library Inc
EIN
04-2900822
Phone
6175363886
Address
700 BOYLSTON STREET, BOSTON, MA 02116

Signing Officer

Name
Wendy Ballinger
Title
Executive Director
Phone
6175363886
Signed
2026-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Ballinger
Formed
1972
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
72

Preparer

Firm
Murphy Gaudreau Hoskinson Inc
Address
ONE TARA BOULEVARD, NASHUA, NH 03062-2809
Preparer
James Gaudreau CPA
Phone
6036193128
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“The associates endowment fund: dedicated to ensuring the long-term ability of the associates of the boston public library to assist with conserving, cataloging, digitizing, curating, and exhibiting the historic, literary and cultural treasures in the boston public librarys special collections. Pierce performance series endowment fund: the funds purpose is to underwrite free public events related to the librarys special collections. The funds were donated by the harold whitworth pierce charitable trust in 2017 with the goal of increasing the visibility of the special collections and the organization's preservation work.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SPECIAL EVENT EXPENSES”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses investment expenses”

Part V, Line 4

“The associates endowment fund: dedicated to ensuring the long-term ability of the associates of the boston public library to assist with conserving, cataloging, digitizing, curating, and exhibiting the historic, literary and cultural treasures in the boston public library's special collections. Pierce performance series endowment fund: the fund's purpose is to underwrite free public events related to the library's special collections. The funds were donated by the harold whitworth pierce charitable trust in 2017 with the goal of increasing the visibility of the special collections and the organization's preservation work.”

Part X

“The organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended. It is management's belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions is reflected in these financial statements.”

Raw XML AppendixShowing 400 of 553 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE ASSOCIATES OF THE BOSTON PUBLIC LIBRARY IS AN INDEPENDENT NONPROFIT DEDICATED TO PRESERVING AND PROMOTING THE HISTORIC, LITERARY, AND ARTISTIC TREASURES OF THE BOSTON PUBLIC LIBRARY THROUGH TARGETED GRANTMAKING AND CULTURAL EVENTS. BY EXPANDING ACCESS TO THESE COLLECTIONS, THE ASSOCIATES ENSURES THAT PRESENT AND FUTURE GENERATIONS, IN BOSTON AND BEYOND, CONTINUE TO BE INFORMED AND INSPIRED.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION SPONSORS THE ASSOCIATES OF THE BOSTON PUBLIC LIBRARY WRITER-IN-RESIDENCE PROGRAM TO PROVIDE EMERGING AUTHORS WITH THE FINANCIAL SUPPORT AND OFFICE SPACE NEEDED TO COMPLETE ONE LITERARY WORK FOR CHILDERN OR YOUNG ADULTS. THIS PROGRAM DRAWS ATTENTION TO THE IMPORTANCE OF WRITERS AND WRITING IN OUR CULTURE, AS WELL AS THE MANY EDUCATIONAL OPORTUNITIES OFFERED BY THE BOSTON PUBLIC LIBRARY.
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